External resources

If you have checked whether your financing can be covered by your equity capital but these resources prove insufficient, you still have other sources of financing that remain open to your business, namely external resources.

Various types of short- or long-term loans are available to you.

The most frequently requested types of financing are as follows:

  • financing of fixed assets;
  • financing of enterprise capital;
  • financing of guarantees.

Financial support

Aides

As a general rule, banks will finance your projects if they are based on a well-developed business plan.

The Participation FundExternal link, a public credit institution, provides financing for the self-employed, members of the liberal professions, managers of SMEs, job starters and, in some cases, jobseekers.

Some chambers of commerce also finance innovative projects or can put you in contact with potential partners.

In Brussels

  • The Brussels Enterprise AgencyExternal link (BEA)(French-Dutch) has the task of notifying companies in Brussels of the financial support that is available to them at all levels (commune, regional, federal and European). The BEA also provides a search engine on the website EcoSubsibruExternal link, enabling you to gain access to the various sources of financing for your business in three small steps.
  • The Brussels Guarantee FundExternal link(French-Dutch) awards guarantees to SMEs and self-employed persons.
  • The Brussels Regional Investment CompanyExternal link (BRIC)(French-Dutch) provides existing or future entrepreneurs with various products enabling them to finance their activities.


 

In Wallonia

  • The Walloon SME Finance and Guarantee CompanyExternal link (SOWALFIN)(French) has a one-stop shop for financing where Walloon SMEs can obtain assistance with financing or co-financing in addition to bank loans.
  • The website ofExternal link the Walloon Region also provides information about the various financial and support mechanisms in Wallonia.


 

In Flanders

  • The ParticipatieMaatschappij VlaanderenExternal link (Flanders Participation Company) is a body falling under the aegis of the Flemish government and supplies SMEs wanting to invest in Flanders with various products to finance their companies. In essence, it provides public financing.
  • Flanders Investment & TradeExternal link (FIT) plays a key role in Flanders’ socioeconomic development by supplying tools to businesses wanting to develop on the international stage.